Reported Earnings • Jun 20
Full year 2026 earnings released: HK$0.068 loss per share (vs HK$0.02 loss in FY 2025) Full year 2026 results: HK$0.068 loss per share (further deteriorated from HK$0.02 loss in FY 2025). Revenue: HK$344.7m (down 18% from FY 2025). Net loss: HK$13.6m (loss widened 242% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Jun 18
Sanbase Corporation Limited, Annual General Meeting, Aug 14, 2026 Sanbase Corporation Limited, Annual General Meeting, Aug 14, 2026. Announcement • Jun 09
Sanbase Corporation Limited to Report Fiscal Year 2026 Results on Jun 18, 2026 Sanbase Corporation Limited announced that they will report fiscal year 2026 results on Jun 18, 2026 Reported Earnings • Nov 25
First half 2026 earnings released: HK$0.03 loss per share (vs HK$0.011 loss in 1H 2025) First half 2026 results: HK$0.03 loss per share (further deteriorated from HK$0.011 loss in 1H 2025). Revenue: HK$175.3m (up 20% from 1H 2025). Net loss: HK$6.02m (loss widened 170% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Nov 11
Sanbase Corporation Limited to Report First Half, 2026 Results on Nov 21, 2025 Sanbase Corporation Limited announced that they will report first half, 2026 results on Nov 21, 2025 New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$79.0m market cap, or US$10.2m). Announcement • Jul 24
Sanbase Corporation Limited, Annual General Meeting, Aug 22, 2025 Sanbase Corporation Limited, Annual General Meeting, Aug 22, 2025, at 14:30 China Standard Time. Location: portion 2, 12/f, the center, 99 queen`s road central., Hong Kong New Risk • Jul 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$84.0m market cap, or US$10.7m). Reported Earnings • Jun 21
Full year 2025 earnings released: HK$0.02 loss per share (vs HK$0.007 loss in FY 2024) Full year 2025 results: HK$0.02 loss per share (further deteriorated from HK$0.007 loss in FY 2024). Revenue: HK$418.8m (down 2.2% from FY 2024). Net loss: HK$3.98m (loss widened 190% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Announcement • Jun 21
Sanbase Corporation Limited Appoints Hui Man Yee, Maggie as Nomination Committee, Effective June 20, 2025 Sanbase Corporation Limited announces that Ms. Hui Man Yee, Maggie ("Ms. Hui"), an executive Director, has been appointed as a member of the nomination committee of the Board with effect from 20 June 2025. Announcement • Jun 10
Sanbase Corporation Limited to Report Fiscal Year 2025 Results on Jun 20, 2025 Sanbase Corporation Limited announced that they will report fiscal year 2025 results on Jun 20, 2025 Reported Earnings • Dec 15
First half 2025 earnings released: HK$0.011 loss per share (vs HK$0.035 profit in 1H 2024) First half 2025 results: HK$0.011 loss per share (down from HK$0.035 profit in 1H 2024). Revenue: HK$146.1m (down 47% from 1H 2024). Net loss: HK$2.24m (down 133% from profit in 1H 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Nov 13
Sanbase Corporation Limited to Report Q2, 2025 Results on Nov 22, 2024 Sanbase Corporation Limited announced that they will report Q2, 2025 results on Nov 22, 2024 Reported Earnings • Jul 30
Full year 2024 earnings released: HK$0.007 loss per share (vs HK$0.004 profit in FY 2023) Full year 2024 results: HK$0.007 loss per share (down from HK$0.004 profit in FY 2023). Revenue: HK$428.1m (down 17% from FY 2023). Net loss: HK$1.37m (down 282% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 24
Full year 2024 earnings released: HK$0.007 loss per share (vs HK$0.015 profit in FY 2023) Full year 2024 results: HK$0.007 loss per share (down from HK$0.015 profit in FY 2023). Revenue: HK$428.1m (down 17% from FY 2023). Net loss: HK$1.37m (down 147% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jun 22
Sanbase Corporation Limited, Annual General Meeting, Aug 23, 2024 Sanbase Corporation Limited, Annual General Meeting, Aug 23, 2024. Announcement • Jun 13
Sanbase Corporation Limited to Report Fiscal Year 2024 Results on Jun 21, 2024 Sanbase Corporation Limited announced that they will report fiscal year 2024 results on Jun 21, 2024 New Risk • May 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 45% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (HK$80.0m market cap, or US$10.2m). New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 45% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$118.0m market cap, or US$15.1m). New Risk • Mar 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$78.0m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (HK$78.0m market cap, or US$9.97m). Minor Risk Large one-off items impacting financial results. Announcement • Dec 29
Sanbase Corporation Limited Announces Change of Authorised Representative, Process Agent and Company Secretary The board of directors of Sanbase Corporation Limited announced that Dr. Sung Tak Wing, Leo (Dr. Sung) has tendered his resignation as the company secretary of the Company (the Company Secretary) and ceased to act as an authorised representative (the "Authorised Representative") of the Company under Rule 5.24 of the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the "GEM Listing Rules") and an authorised representative of the Company to accept service of process and notice in Hong Kong on behalf of the Company as required under Rule 24.05(2) of the GEM Listing Rules and under the Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent"), respectively, with effect from 31 December 2023. Following the resignation of Dr. Sung, the Board announced that Ms. Hui Man Yee, Maggie ("Ms. Hui"), an executive Director, has been appointed as an Authorised Representative and the Process Agent with effect from 31 December 2023. The Board further announces that Ms. Cheng Faye ("Ms. Cheng") has been appointed as the Company Secretary with effect from 31 December 2023. Ms. Cheng is currently the company secretarial manager of the Company since May 2023. Ms. Cheng is a Chartered Secretary, a Chartered Governance Professional and an associate of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom, and she possesses the requisite qualification and experience as required under Rule 5.14 of the GEM Listing Rules. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: HK$0.025 (vs HK$0.015 in 2Q 2023) Second quarter 2024 results: EPS: HK$0.025 (up from HK$0.015 in 2Q 2023). Revenue: HK$168.9m (up 25% from 2Q 2023). Net income: HK$4.99m (up 70% from 2Q 2023). Profit margin: 3.0% (up from 2.2% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Nov 10
Sanbase Corporation Limited Appoints Siu Chi Wai as Independent Non-Executive Director and Member of Each of Remuneration Committee, Nomination Committee and Audit Committee The board of directors of Sanbase Corporation Limited announced that Mr. Siu Chi Wai has been appointed as an independent non-executive Director and a member of each of the remuneration committee, nomination committee and audit committee of the Board, with effect from 9 November 2023. Mr. Siu, aged 42, has over 15 years of experience in valuation consulting, financial risk management and investment management. Since August 2022, he has been serving as an independent director of Magic Empire Global Limited. Since February 2019, Mr. Siu has also been serving as the chief executive officer of GCA Professional Services Group. From January 2016 to January 2019, Mr. Siu served as the chief executive officer of Yemaigu Internet Financial Services Ltd. Prior to these positions, Mr. Siu served in companies such as UBS AG and Daiwa Capital Markets with a focus on corporate finance advisory services. Mr. Siu received a bachelor's degree in business administration from the University of Toronto, Canada in June 2005. Mr. Siu is a Chartered Financial Analyst and a Certified Public Accountant of the American Institute of Certified Public Accountants. Mr. Siu has entered into an appointment letter with the Company for an initial term of one year commencing from 9 November 2023, subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the articles of association of the Company and the Rules Governing the Listing of Securities on GEM of the Stock Exchange. Announcement • Oct 28
Sanbase Corporation Limited to Report First Half, 2024 Results on Nov 09, 2023 Sanbase Corporation Limited announced that they will report first half, 2024 results on Nov 09, 2023 Announcement • Aug 19
Sanbase Corporation Limited Announces Board Resignations The board of Sanbase Corporation Limited announced that Dr. Sung Tak Wing, Leo (Dr. Sung) and Mr. Chan Charles Cham Chuen (Mr. Chan) did not offer themselves for re-election at the AGM and retired as executive Director and Independent non-executive Director, respectively, by rotation in accordance with Article 109 of the Articles, with effect from the conclusion of the AGM. Upon Mr. Chan's retirement, Mr. Chan has also ceased to be a member of each of the Remuneration Committee, the Nomination Committee and the Audit Committee of the Board. Upon the retirement of Mr. Chan, both the Audit Committee and Remuneration Committee comprise Mr. Cheung and Mr. Law as the chairman and member, respectively, while the Nomination Committee comprises Mr. Wong as the chairman, and Mr. Cheung and Mr. Law as members. Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: HK$0.013 (vs HK$0.003 in 1Q 2023) First quarter 2024 results: EPS: HK$0.013 (up from HK$0.003 in 1Q 2023). Revenue: HK$107.7m (up 17% from 1Q 2023). Net income: HK$2.62m (up 318% from 1Q 2023). Profit margin: 2.4% (up from 0.7% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Announcement • Jul 26
Sanbase Corporation Limited to Report Q1, 2024 Results on Aug 04, 2023 Sanbase Corporation Limited announced that they will report Q1, 2024 results on Aug 04, 2023 New Risk • Jul 06
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 41% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (HK$80.0m market cap, or US$10.2m). Announcement • Jun 30
Sanbase Corporation Limited, Annual General Meeting, Aug 18, 2023 Sanbase Corporation Limited, Annual General Meeting, Aug 18, 2023, at 14:30 China Standard Time. Location: Portion 2, 12/F, The Center, 99 Queen's Road Central Hong Kong Hong Kong Agenda: To receive and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and the independent auditor of the Company for the year ended 31 March 2023; to re-appoint PricewaterhouseCoopers as the independent auditor of the Company to hold office until the conclusion of the next general meeting of the Company and to authorise the Board to fix their remuneration for the year ending 31 March 2024; and to consider other matters. Reported Earnings • Jun 26
Full year 2023 earnings released: EPS: HK$0.005 (vs HK$0.029 loss in FY 2022) Full year 2023 results: EPS: HK$0.005 (up from HK$0.029 loss in FY 2022). Revenue: HK$517.6m (up 25% from FY 2022). Net income: HK$1.04m (up HK$6.78m from FY 2022). Profit margin: 0.2% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Jun 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.0m (US$9.84m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Market cap is less than US$10m (HK$77.0m market cap, or US$9.84m). Minor Risk Large one-off items impacting financial results. Announcement • Jun 17
Sanbase Corporation Limited Provides Earnings Guidance for the Year Ended 31 March 2023 Sanbase Corporation Limited provided earnings guidance for the year ended 31 March 2023. For the year, Group is expected to record a profit attributable to owners of the Company of approximately HKD 2.0 million. Announcement • Jun 13
Sanbase Corporation Limited to Report Fiscal Year 2023 Results on Jun 23, 2023 Sanbase Corporation Limited announced that they will report fiscal year 2023 results on Jun 23, 2023 Reported Earnings • Feb 08
Third quarter 2023 earnings released: EPS: HK$0.042 (vs HK$0.004 in 3Q 2022) Third quarter 2023 results: EPS: HK$0.042 (up from HK$0.004 in 3Q 2022). Revenue: HK$174.5m (up 27% from 3Q 2022). Net income: HK$8.38m (up HK$7.64m from 3Q 2022). Profit margin: 4.8% (up from 0.5% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Announcement • Feb 04
Sanbase Provides Earnings Guidance for the Nine Months Ended 31 December 2022 Sanbase Corporation Limited is expected to record a profit attributable to owners of the Company of approximately HKD 11.9 million for the nine months ended 31 December 2022 compared to approximately HKD 2.1 million for the nine months ended 31 December 2021 (Previous Period). The increase in profit is mainly attributable to (i) the considerable increase in revenue as compared to the Previous Period; and (ii) the growth in the gross profit margin as compared to the Previous Period. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Chun Yat Law was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: HK$0.015 (vs HK$0.01 in 2Q 2022) Second quarter 2023 results: EPS: HK$0.015 (up from HK$0.01 in 2Q 2022). Revenue: HK$135.2m (up 11% from 2Q 2022). Net income: HK$2.93m (up 48% from 2Q 2022). Profit margin: 2.2% (up from 1.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Oct 28
Sanbase Corporation Limited to Report First Half, 2023 Results on Nov 08, 2022 Sanbase Corporation Limited announced that they will report first half, 2023 results on Nov 08, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: HK$0.003 (vs HK$0.003 loss in 1Q 2022) First quarter 2023 results: EPS: HK$0.003 (up from HK$0.003 loss in 1Q 2022). Revenue: HK$92.0m (up 4.0% from 1Q 2022). Net income: HK$626.0k (up HK$1.21m from 1Q 2022). Profit margin: 0.7% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Aug 05
Sanbase Corporation Limited Provides Earnings Guidance for the Three Months Ended 30 June 2022 Sanbase Corporation Limited provides earnings guidance for the three months ended 30 June 2022. The Group is expected to record a profit attributable to owners of the Company of approximately HKD 0.6 million for the Current Period as compared to the loss attributable to owners of the Company of approximately HKD 0.6 million for the three months ended 30 June 2021. Announcement • Jul 30
Sanbase Corporation Limited to Report Q1, 2023 Results on Aug 10, 2022 Sanbase Corporation Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • Jul 01
Sanbase Corporation Limited, Annual General Meeting, Sep 02, 2022 Sanbase Corporation Limited, Annual General Meeting, Sep 02, 2022, at 14:30 China Standard Time. Location: Portion 2, 12/F, The Center, 99 Queen's Road Central Cantral Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors (the ``Director(s)'') and the independent auditor of the Company for the year ended 31 March 2022; to re-election of directors; to re-appoint Messrs. PricewaterhouseCoopers as the independent auditor of the Company for the year ending 31 March 2023 and authorise the Board to fix their remuneration; and to consider other matter. Reported Earnings • Jun 26
Full year 2022 earnings released: HK$0.029 loss per share (vs HK$0.002 profit in FY 2021) Full year 2022 results: HK$0.029 loss per share (down from HK$0.002 profit in FY 2021). Revenue: HK$413.1m (down 14% from FY 2021). Net loss: HK$5.74m (down HK$6.13m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Jun 19
Sanbase Corporation Limited Provides Earnings Guidance for the Year Ended 31 March 2022 Sanbase Corporation Limited provided earnings guidance for the year ended 31 March 2022. Group is expected to record a loss attributable to owners of the Company of not less than HKD 5 million for the Year (2021: the Group's profit attributable to owners of the Company was approximately HKD 0.4 million). Announcement • Jun 15
Sanbase Corporation Limited to Report Fiscal Year 2022 Results on Jun 24, 2022 Sanbase Corporation Limited announced that they will report fiscal year 2022 results at 4:00 PM, China Standard Time on Jun 24, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Chun Yat Law was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 26
Sanbase Corporation Limited Announces Management Changes The board of directors of Sanbase Corporation Limited announced that Law Chun Yat has been appointed as an independent non-executive Director and a member of each of the remuneration committee, the nomination committee and the audit committee of the Company with effect from February 25, 2022. Law has over 8 years of experience in accounting, auditing and taxation matters. Law is a member and Certified Public Accountant (Practising) of The Hong Kong Institute of Certified Public Accountants. The board also announced that Dr. Sung Tak Wing Leo, the existing company secretary of the Company, has been re-designated as a joint company secretary of the Company and ceased to be an authorised representative of the Company under Rule 5.24 of the GEM Listing Rules and an authorised representative of the Company for the acceptance of service of process and notices in Hong Kong on its behalf as required under Rule 24.05(2) of the GEM Listing Rules and under the Part 16 of the Companies Ordinance respectively with effect from February 25, 2022. Dr. Sung will continue to act as the executive director of the Company. Following the abovementioned re-designation and cessation of Dr. Sung, the board announced that Huang Shiyao has been appointed as the other Joint Company Secretary, the Authorised Representative and the Process Agent respectively with effect from February 25, 2022. Huang has over 5 years of experience in the field of corporate governance and company secretarial services. Announcement • Jan 30
Sanbase Corporation Limited Reports Impairment Losses for the Three Months Ended December 31, 2021 Sanbase Corporation Limited reported impairment losses for the three months ended December 31, 2021. Impairment losses recognised on financial assets was HKD 66,000. Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: HK$0.004 (down from HK$0.01 in 3Q 2021). Revenue: HK$137.8m (down 16% from 3Q 2021). Net income: HK$735.0k (down 63% from 3Q 2021). Profit margin: 0.5% (down from 1.2% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Jan 30
Sanbase Corporation Limited Announces Appointment of Chairman of the Remuneration Committee Sanbase Corporation Limited announced resignation of Mr. Chan Chi Kwong, Dickson as an independent non-executive Director of the Company (the "INED"), the chairman of the remuneration committee, and a member of each of the audit committee and the nomination committee of the Company with effect from 30 November 2021. The Board of the Company announces that Mr. Cheung Chi Man, Dennis, an INED and the chairman of the audit committee of the Company, has been appointed as the chairman of the Remuneration Committee (the "Appointment") with effect from 28 January 2022. Announcement • Jan 25
Sanbase Corporation Limited Announces Unaudited Consolidated Earnings Guidance for the Nine Months Ended 31 December 2021 Sanbase Corporation Limited announced unaudited consolidated earnings guidance for the nine months ended 31 December 2021. For the period, the group is expected to record a substantial decrease in the net profit of approximately 49.0% for the Relevant Period as compared with the nine months ended 31 December 2020. The substantial decrease in the net profit anticipated was mainly attributable to the combined effects of the prolonged adverse impact on the economy of Hong Kong brought by the constant spread of COVID-19 worldwide, in which certain project owners and/or customers have suffered tight cashflow, leading to postponement and/or slowdown in certain projects; and the Group did not receive any government subsidies under the Employment Support Scheme from the Government's Anti-epidemic Fund established by the Hong Kong Government during the Relevant Period as Previous Period: approximately HKD 3.7 million. Executive Departure • Dec 02
Independent Non-Executive Director Chi Kwong Chan has left the company On the 30th of November, Chi Kwong Chan's tenure as Independent Non-Executive Director ended after 1.9 years in the role. We don't have any record of a personal shareholding under Chi Kwong's name. Chi Kwong is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.92 years. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS HK$0.01 (vs HK$0.011 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2022 results: Revenue: HK$122.2m (down 22% from 2Q 2021). Net income: HK$1.98m (down 10.0% from 2Q 2021). Profit margin: 1.6% (up from 1.4% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 10
First quarter 2022 earnings released: HK$0.003 loss per share (vs HK$0.023 profit in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2022 results: Revenue: HK$88.5m (down 39% from 1Q 2021). Net loss: HK$582.0k (down 113% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 31% per year. Announcement • Aug 05
Sanbase Corporation Limited Provides Consolidated Earnings Guidance for the First Quarter Ended June 30, 2021 Sanbase Corporation Limited provided consolidated earnings guidance for the first quarter ended June 30, 2021. For the three months, the Group is expected to record a substantial decrease in the net profit and gross profit of approximately 104% and 53% respectively for the Relevant Period as compared to that for the three months ended 30 June 2020. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS HK$0.002 (vs HK$0.082 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$481.3m (down 25% from FY 2020). Net income: HK$397.0k (down 98% from FY 2020). Profit margin: 0.1% (down from 2.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Announcement • Jun 10
Sanbase Corporation Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended March 31, 2021 Sanbase Corporation Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2021. For the period, the company is expected to record a substantial decrease in the net profit and gross profit of approximately 96.3% and 60% respectively for the year ended 31 March 2021 as compared to that for the year ended 31 March 2020. Is New 90 Day High Low • Feb 10
New 90-day high: HK$0.58 The company is up 23% from its price of HK$0.47 on 12 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 7.0% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS HK$0.01 (vs HK$0.028 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: HK$163.4m (up 22% from 3Q 2020). Net income: HK$1.98m (down 65% from 3Q 2020). Profit margin: 1.2% (down from 4.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Jan 26
Sanbase Corporation Limited to Report Nine Months, 2021 Results on Feb 05, 2021 Sanbase Corporation Limited announced that they will report nine months, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 28
New 90-day low: HK$0.40 The company is down 11% from its price of HK$0.45 on 29 September 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 6.0% over the same period. Reported Earnings • Nov 07
Second quarter 2021 earnings released: EPS HK$0.011 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: HK$156.6m (down 6.7% from 2Q 2020). Net income: HK$2.20m (up 104% from 2Q 2020). Profit margin: 1.4% (up from 0.6% in 2Q 2020). The increase in margin was driven by lower expenses. Announcement • Oct 28
Sanbase Corporation Limited to Report First Half, 2021 Results on Nov 06, 2020 Sanbase Corporation Limited announced that they will report first half, 2021 results on Nov 06, 2020 Is New 90 Day High Low • Oct 19
New 90-day high: HK$0.70 The company is up 37% from its price of HK$0.51 on 21 July 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is flat over the same period. Is New 90 Day High Low • Sep 23
New 90-day high: HK$0.63 The company is up 9.0% from its price of HK$0.58 on 24 June 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 2.0% over the same period. Announcement • Jun 20
Sanbase Corporation Limited Does Not Recommend the Payment of Final Dividend for the Year Ended 31 March 2020 The Board of Sanbase Corporation Limited do not recommend the payment of a final dividend for the year ended 31 March 2020 whereas a final dividend of 3.1 HK cents per share, totaling HKD 6,200,000 for the year ended 31 March 2019 have been proposed by the Board and approved by the shareholders of the Company (the "Shareholder") at the annual general meeting of the Company held on 10 September 2019 ("2019 AGM"). 